King waterbeds has an annual cash dividend policy that, Financial Management

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King waterbeds has an annual cash dividend policy that

King Waterbeds has an annual cash dividend policy that raises the dividend each year by 5 ?%. The most recent? dividend, Div 0 ?, was $ 0.45 per share. What is the? stock's price if

a. an investor wants a return of 6 ?%

b. an investor wants a return of 8 ?%

c. an investor wants a return of 11 ?%

d. an investor wants a return of 14 ?%

e. an investor wants a return of 18 ?%

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Financial Management: King waterbeds has an annual cash dividend policy that

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